Does it change anything? Paraphrasing: "Vultr [will own] [all of your] User Content [and do whatever Vultr wants with] the User Content [...] for the purposes

Does it change anything? Paraphrasing: "Vultr [will own] [all of your] User Content [and do whatever Vultr wants with] the User Content [...] for the purposes of providing the Services to you." You could read that as: "if you want to work with us we will own all of your user content".